NOT LISTED FOR SALE

Estimated Value: $448,470 - $585,000

8 Beds
4 Baths
812 Sq Ft
$654/Sq Ft Est. Value

Sale Details

Date Sold: May 19, 2017

Last sale price $232,000 $286 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,937 / mo

3 Days on Market

About This Home

As of May 2017

Wonderful fourplex in the heart of Mesa. Great long term tenants. This building has been well maintained, professionally managed and recent major repairs completed. Covered parking located close to building is a huge plus.

Last Agent to Sell the Property

Derek Olson

DeLex Realty License #SA660379000 Listed on: 03/25/2017

Last Buyer's Agent

Kelly Kramer

My Home Group Real Estate License #SA654735000

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1985

Lot Details

  • 5,053

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Covered Spaces
  • Assigned Parking

Schools

  • Guerrero Elementary School
  • Rhodes Junior High School
  • Dobson High School

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • The owner pays for water
  • Tax Lot 34
  • Assessor Parcel Number 139-40-168

Community Details

Overview

  • 4 Units
  • Building Dimensions are 5066
  • Amberwood Manor Amd Lot 1 41 Tr A R Subdivision

Building Details

  • Operating Expense $12,101
  • Gross Income $29,640
  • Net Operating Income $17,539

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,181

Year Built

Built in 1985

Lot Details

5,053 Sq Ft Lot

Listing Details

  • Cross Street: 8th Ave and Country Club
  • Legal Info Range: 5E
  • Property Type: Multiple Dwellings
  • Zoning: Multi
  • Number Of Buildings: 1
  • Year Built: 1985
  • Tax Year: 2016
  • Road Surface Type: Sidewalk(s)
  • Professional Management Expense: 1800.0
  • Subdivision Name: AMBERWOOD MANOR AMD LOT 1-41 TR A-R
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Stucco, Frame - Wood
  • Roof: Composition
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Assigned
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 6.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking:Add_squote_l Parking Avail: Yes
  • Parking:_one_ SpaceUnit: Yes

Utilities

  • Electric: City Electric
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Green Landscaping: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Interior Amenities:Mini Blinds: Yes
  • Community Amenities:No Pool: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Exterior Amenities:Separate Storage: Yes
  • Exterior Amenities:Satellite Dish: Yes

Fee Information

  • Annual Water Sewer Expense: 900.0

Schools

  • Elementary School: Guerrero Elementary School
  • High School: Dobson High School
  • Middle Or Junior School: Rhodes Junior High School

Lot Info

  • Lot Size: 5066
  • Additional Parcels: No
  • Parcel #: 139-40-168

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 4
  • Electric Expense: 1480.37
  • Annual Gross Income: 29640.0
  • Insurance Expense: 953.0
  • Maintenance Expense: 2187.0
  • Property Net Operating Income: 17539.01
  • Annual Operating Expense: 12100.99
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1180.62
  • Tax Book Number: 139.00
  • Tax Lot: 34

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2017
Closed on
May 18, 2017
Sold by
Lentine Frank W and Lentine Kimberly L
Bought by
Seller's Agent
Derek Olson
DeLex Realty
Buyer's Agent
Kelly Kramer
My Home Group Real Estate
List Price
$235,000
Sold Price
$232,000
Premium/Discount to List
-$3,000
-1.28%
Current Estimated Value
$531,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,368
Avg. Annual Appreciation
9.34%
Original Mortgage
$174,000
Outstanding Balance
$141,542
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$389,826

Purchase Details

Listed on
Mar 25, 2017
Closed on
May 16, 2017
Sold by
Ducharme Francis
Bought by
Lentine Frank W and Lentine Kimberly L
Seller's Agent
Derek Olson
DeLex Realty
Buyer's Agent
Kelly Kramer
My Home Group Real Estate
List Price
$235,000
Sold Price
$232,000
Premium/Discount to List
-$3,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Outstanding Balance
$141,542
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$389,826

Purchase Details

Closed on
Feb 25, 2015
Sold by
United Realty Mta Llc
Bought by
Ducharme Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2011
Sold by
7102976 Canada Inc
Bought by
United Realty Mta Llc

Purchase Details

Closed on
Sep 6, 2011
Sold by
Guina Robert Eric and Bingham Jason
Bought by
7102976 Canada Inc

Purchase Details

Closed on
Dec 21, 2010
Sold by
Bingham Selia
Bought by
Bingham Jason

Purchase Details

Closed on
Apr 16, 2010
Sold by
Guina Robert Eric
Bought by
Guina Robert Eric and Bingham Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2010
Sold by
Jkm Trading Inc
Bought by
Guina Robert Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2008
Sold by
Flores Kathleen Dolores
Bought by
Jkm Trading Inc

Purchase Details

Closed on
Aug 4, 2006
Sold by
Phelps Glenn A and Phelps Denise L
Bought by
Flores Kathleen Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2006
Sold by
Flores Jeffrey R
Bought by
Flores Kathleen Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2004
Sold by
Vaquero Properties Llc
Bought by
Phelps Glenn A and Phelps Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2003
Sold by
Mosley David L and Mosley Laura K
Bought by
Vaquero Properties Llc

Purchase Details

Closed on
Sep 3, 2003
Sold by
Tran Linh V and Thi Phan Hanh Van
Bought by
Mosley David L and Mosley Laura K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
7.37%
Mortgage Type
Trade

Purchase Details

Closed on
May 1, 2001
Sold by
Tran Linh V and Phan Hanh Van Thi
Bought by
Tran Linh and Phan Hanh Van Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2001
Sold by
Burkard Randy L and Burkard Diane C
Bought by
Tran Linh V and Phan Hanh Van Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2000
Sold by
Burkard Randy Lee and Burkard Diane Cherie
Bought by
Burkard Randy L and Burkard Diane C

Purchase Details

Closed on
Sep 10, 1999
Sold by
Dunne John F and Dunne Barbara A
Bought by
Burkard Randy Lee and Burkard Diane Cherie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 1998
Sold by
Sleezer Daniel W and Sleezer Lisa Ann
Bought by
Dunne John F and Dunne Barbara A

Purchase Details

Closed on
May 18, 1994
Sold by
Reiss Robert I and Reiss Paulette M
Bought by
Sleezer Daniel W and Sleezer Lisa Ann
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Lentine Frank W $232,000 Clear Title Agency Of Arizon
Ducharme Francis $180,000 Clear Title Agency
United Realty Mta Llc -- Accommodation
7102976 Canada Inc $804,000 Clear Title Agency Of Arizon
Bingham Jason -- Magnus Title Agency
Guina Robert Eric -- Accommodation
Guina Robert Eric $75,000 Chicago Title Insurance Comp
Jkm Trading Inc -- Capital Title Agency Inc
Flores Kathleen Dolores $335,000 Capital Title Agency Inc
Flores Kathleen Dolores -- Capital Title Agency Inc
Phelps Glenn A $247,000 First American Title Ins Co
Vaquero Properties Llc -- --
Mosley David L $205,000 Security Title Agency
Tran Linh -- North American Title Agency
Tran Linh V $150,000 North American Title Agency
Burkard Randy L -- --
Burkard Randy Lee $148,000 Old Republic Title Agency
Dunne John F $141,000 Ati Title Agency
Sleezer Daniel W $91,500 Security Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $174,000
Previous Owner Ducharme Francis $135,000
Previous Owner Guina Robert Eric $53,500
Previous Owner Flores Kathleen Dolores $301,500
Previous Owner Flores Kathleen Dolores $301,500
Previous Owner Phelps Glenn A $172,900
Previous Owner Mosley David L $164,000
Previous Owner Tran Linh V $87,500
Previous Owner Burkard Randy Lee $118,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $232,000 -1.3% $286 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $235,000 -- $289 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,409 $14,281
2024 $1,413 $13,601
2023 $1,413 $43,500 $8,700 $34,800
2022 $1,384 $31,320 $6,260 $25,060
2021 $1,401 $25,160 $5,030 $20,130
2020 $1,383 $22,350 $4,470 $17,880
2019 $1,292 $18,410 $3,680 $14,730
2018 $1,240 $16,360 $3,270 $13,090
2017 $1,203 $14,870 $2,970 $11,900
2016 $1,181 $14,870 $2,970 $11,900
2015 $1,110 $14,700 $2,940 $11,760
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5580458

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-40-168

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